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20130211
20130219
Search Results 0 to 6 of about 7 (some duplicates have been removed)
that you have coordinated on cooperations, technology, human resources, and maybe legal financial activities, but we know little about your knowledge of that committees -- activities of which you are the chief operating officer. some of the units of activity included trading and sales and marketing of risky investments. if you knew about the marketing and sales of these investments, it would be instructive to know what you do. if you do not know, it would be instructive to find out why and find out what your responsibilities were during her years at ci -- years at citi. these are important questions. if you are confirmed -- if you are confirmed, you will be responsible for overseeing the implementation of the very practices undertaken by the city units that you once operated. for example, you will be responsible for coordinating a limitation of the so-called -- volkcker rule. you have stated that you support that rule. if you are to be confirmed, it could lead to an awkward situation in which your rule as chair you would effectively be saying, financial firms, do as i say and not
the research and technology that helps natural gas burn even cleaner and protects our air and water. indeed, much of our new-found energy is drawn from lands and waters that we, the public, own together. so tonight, i propose we use some of our oil and gas revenues to fund an energy security trust that will drive new research and technology to shift our cars and trucks off oil for good. if a non-partisan coalition of ceos and retired generals and admirals can get behind this idea, then so can we. let's take their advice and free our families and businesses from the painful spikes in gas prices we've put up with for far too long. i'm also issuing a new goal for america -- let's cut in half the energy wasted by our homes and businesses over the next twenty years. the states with the best ideas to create jobs and lower energy bills by constructing more efficient buildings will receive federal support to help make it happen. america's energy sector is just one part of an aging infrastructure badly in need of repair. ask any ceo where they'd rather locate and hire -- a country with deteriorating
world. it is not due to a breakthrough in military technology or new strategic insight. it is not because of entitlement growth has been explored and exhausted. it is not because sequestration was ever land or intending to be implemented during -- ever planned or intended to be implemented. the consequences are very real and very personal. the president has indicated his intention to spare military compensation from sequestration. it is a decision that we intend to carry out, but make no mistake, the troops will feel this directly in other ways. i will give you the principal way. we will need to sharpen curtail training. that means a brigade combat team that has returned from afghanistan that is used to being in tip top ready, that is what matters to the profession and that is what we want to have matter to them, cannot train. the army reports that two thirds of its brigade on that teams will be at reduced readiness by year's end. i could go through the same thing with air force and so forth. it will have a big impact on uniformed people. likewise for our much-maligned
. it does not in reaction to a more peaceful world. it is not due to a breakthrough in military technology or strategic insight. it is not because paths in entitlement has been explored and exhausted. it is not because sequestration was a plan ever plan to be implemented. this is the collateral damage of political gridlock. for the troops, the consequences are very real and very personal. the president has indicated his intentions to spare military compensation from sequestration. that is a very good decision. it is one that we intend to carry out. make no mistake -- the troops will fill this directly. i will give you the principal example. there are many. we will need to sharply curtail training in all the services. for example, a brigade combat team that has returned from afghanistan that is used to being tiptop ready. that is what matters to this profession. the army reports two thirds of its brigade combat teams will be at reduced readiness by year 's end. to do the same with the air force and so forcorth. it will have a big effect for people in uniform. also civilians, and people thin
on science, technology, engineering, and math. the skills today employers are looking for to fill the jobs that are there right now and will be there in the future. even with better high schools, those young people will need higher education. it is a simple fact. the more education you have got , the more likely you are to have a good job and work your way to the middle class. but today's skyrocketing costs price too many people out of a higher education or saddle them with unsustainable debt. through tax credits, grants, and better loans, we have made college more affordable for millions of students and families over the past few years. but taxpayers cannot keep on subsidizing higher and higher costs for higher education. colleges must do their part to keep costs down, and it is our job to make sure that they do. [applause] so tonight i ask congress to change the higher education act so that affordability and value are included in determining which colleges receive certain types of federal aid. and tomorrow my administration will release a new college scorecard for parents and students to
butch other incentives to develop new forces of technology -- he has introduced other incentives to develop new sources of technology. >> so they would pay more in taxes? >> will be part of tax reform. there will be some special provision that have to be eliminated so everyone can get a lower rate. >> i am amazed but let's move on. we talked about the level of federal spending. the 40 year norm, the federal government spends roughly 20% of our gdp. during the clinton years, the average spending level was 19.8%. under the obama administration, it has been 24.4%. revenue has been at 15%. hence the deficit difference between revenues and the amount of the federal government keeps spending. in might meeting, you did slot -- you declined to consider what you would think as a sure the new normal be what it currently is, 24.4%? >> i do not think the current situation is the new normal. we are at the end of a recovery from a deep recession with extreme reductions in revenue and more spending because of economic conditions. as we look ahead, we have to recognize what is driving costs. 30
Search Results 0 to 6 of about 7 (some duplicates have been removed)